GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Merchants Land Ltd (HKSE:00978) » Definitions » 5-Year Yield-on-Cost %

China Merchants Land (HKSE:00978) 5-Year Yield-on-Cost % : 3.42 (As of May. 14, 2024)


View and export this data going back to 1997. Start your Free Trial

What is China Merchants Land 5-Year Yield-on-Cost %?

China Merchants Land's yield on cost for the quarter that ended in Dec. 2023 was 3.42.


The historical rank and industry rank for China Merchants Land's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:00978' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.1   Med: 2.29   Max: 7.61
Current: 3.42


During the past 13 years, China Merchants Land's highest Yield on Cost was 7.61. The lowest was 0.10. And the median was 2.29.


HKSE:00978's 5-Year Yield-on-Cost % is ranked worse than
54.04% of 892 companies
in the Real Estate industry
Industry Median: 3.765 vs HKSE:00978: 3.42

Competitive Comparison of China Merchants Land's 5-Year Yield-on-Cost %

For the Real Estate - Diversified subindustry, China Merchants Land's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Merchants Land's 5-Year Yield-on-Cost % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Merchants Land's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Merchants Land's 5-Year Yield-on-Cost % falls into.



China Merchants Land 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of China Merchants Land is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

China Merchants Land  (HKSE:00978) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


China Merchants Land 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of China Merchants Land's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Merchants Land (HKSE:00978) Business Description

Traded in Other Exchanges
Address
Nos. 168-200 Connaught Road, Room 2603 to 2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Central, Hong Kong, HKG
China Merchants Land Ltd is an investment holding company that operates through two segments. The properties segment, which generates almost all the company's sales, is engaged in real estate development and leasing, and the Asset Management segment. Asset management segment includes office premises and shopping malls. The company operates primarily in Mainland China.

China Merchants Land (HKSE:00978) Headlines

No Headlines